Cineplex Fairway Rd

[REnerd]

I don't get why they're building the theatre across from fairview mall (both the mall and the proposed cineplex site are owned by Cadillac Fairview) IMO there is tons of room, They should build a parking garage and have cineplex build between Sears and Walmart or build a new walmart supercentre in front of the existing store & cineplex open where walmart currently is.

I've found the problem right here.
Why build an expensive parking garage, when they can just build the theatre on the other side of the street and pave a nice big surface lot?  Much cheaper.  If they cared about people who take transit, then they'd build a theatre downtown.

I wonder about that assumption.  Imagine the cost to buy land (say, $1-2M per acre) plus pave a parking lot ($1,500 or so per space).  Then instead of buying land (you already own the land at the mall) and paving, you put that money towards a garage.

Google tells me a garage costs $15,000 or so per space.  Say the land costs $1M, you could build a 65 car garage for that.  Certainly not enough but there is a land cost that would make the garage a better option .... just probably not on fairview.

IMO mega theaters make total sense attached to a mall.